Portfolio (Quarterly) Guide ↗

Ninety One North America, Inc.

· CIK 0001633343

13F Portfolio $2.1B AUM 106 positions Filed Jul 16, 2026 EDGAR ↗ ← All Funds

Q2 2026 Q1 2026 · All 11 New 18 Added 57 Reduced 5 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	LTM	Latam Airlines Group SA	Industrials	620,111.0	$36.1M	1.69%	NEW	—	$58.27	-6.1%
2	LAUR	Laureate Education Inc	Consumer Defensive	950,192.0	$34.5M	1.62%	NEW	—	$36.32	+5.6%
3	FMX	Fomento Economico Mexicano SAB de CV	Consumer Defensive	107,328.0	$13.7M	0.64%	NEW	—	$127.90	-3.3%
4	—	Ryanair Holdings PLC	—	182,389.0	$11.8M	0.55%	NEW	—	$64.75	—
5	DSGX	Descartes Systems Group Inc/The	Technology	122,805.0	$8.5M	0.40%	NEW	—	$69.24	+12.0%
6	IBKR	Interactive Brokers Group Inc	Financial Services	60,896.0	$5.3M	0.25%	NEW	—	$87.04	+12.8%
7	UNH	UnitedHealth Group Inc	Healthcare	11,518.0	$4.8M	0.22%	NEW	—	$415.63	-4.6%
8	COST	Costco Wholesale Corp	Consumer Defensive	4,626.0	$4.3M	0.20%	NEW	—	$935.47	+2.6%
9	CVX	Chevron Corp	Energy	22,358.0	$3.7M	0.17%	NEW	—	$165.76	+20.6%
10	—	Solv Energy Inc	—	67,995.0	$2.3M	0.11%	NEW	—	$34.05	—
11	BKLN	Invesco Senior Loan ETF	—	71,065.0	$1.4M	0.07%	NEW	—	$20.37	+0.7%

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation

Technology 25.5%

Financial Services 24.8%

Healthcare 11.5%

Consumer Defensive 11.2%

Industrials 9.1%

Communication Services 6.9%

Consumer Cyclical 5.1%

Basic Materials 2.5%

Energy 2.5%

Utilities 0.8%